On the November 18th Fox & Friends, co-host Gretchen Carlson advanced the baseless claim that health care reform “is going to add a lot of money to the debt.”
Quick Fact: Carlson advanced baseless claim that health care reform will “add” to “the debt”
Written by Julie Millican
Published
From the November 18 edition of Fox News' Fox & Friends:
CARLSON: Yeah but, in both Virginia and New Jersey, both of those states went to Republican governors. The number one concern from voters at the exit polls was the economy by a huge margin. So, a lot of people are scratching their heads and saying, if the president can actually say that we might actually enter into a double dip recession, if people lose confidence in the U.S. economy in a way that could lead to that, in other words by keep adding to the debt--a lot of people argue that's what health care reform is going to do exactly, that it is going to add a lot of money to the debt. I found that a very interesting comment by the president.
Fact: CBO estimated House health bill would reduce federal budget deficit $109 billion through 2019
CBO found that the health care reform bill that passed the House on November 7, the Affordable Health Care for America Act (H.R. 3962), “would yield a net reduction in federal budget deficits of $109 billion over the 2010-2019 period.” CBO also found that in the decade after 2019, “the legislation would slightly reduce federal budget deficits ... relative to those projected under current law-with a total effect during that decade that is in a broad range between zero and one-quarter percent of GDP [gross domestic product].”
Fact: CBO estimated Senate Finance health bill would reduce federal budget deficit by $81 billion through 2019
While the Sen. Majority Leader Harry Reid has not released a proposal, CBO found that the Senate Finance Committee's health care bill, America's Healthy Future Act of 2009, “would result in a net reduction in federal budget deficits of $81 billion over the 2010-2019 period.” CBO also found that after 2019, “the collective effect of those provisions would probably be continued reductions in federal budget deficits.”